Brief introduction to spot ABS market of sinoplast

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As of 10:00 a.m. on September 21, 2009, China's plastic price index was 940.86 points, down 4.00 points. The China Plastics spot index fell 1.61 points to 1009.86

I. upstream express:

on Friday, the settlement price of West Texas light oil futures in October on the New York Mercantile Exchange was $72.04 a barrel, down $0.43 from the previous trading day, with a trading range of 71 $66; The November futures settlement price of Brent crude oil on the London Intercontinental Exchange was US $71.32 per barrel, down US $0.23 from the previous trading day, with a trading range of 70 $79

on Friday, Asia styrene FOB Korea closed at USD/ton, down 14.5 USD/ton compared with the previous trading day; CFR China closed at USD/T, down 14.5 USD/T compared with the previous trading day. The US styrene market closed flat again, closing at 46 Cents per pound. The European styrene market rose 1.5 USD/ton to close at USD/ton FOB Rotterdam

II. Manufacturer's news:

last Friday, after the public quotation of Qimei ABS was raised by 100 yuan/ton, the market is stable. The recent sales are normal and the inventory is not large. ABS unit load%

the public quotation of Zhenjiang Guoheng ABS is stable. The reference ex factory price of D180 is 12800 yuan/ton, and the reference ex factory price of D190 is 12700 yuan/ton. Recent sales are normal, inventory is low, and the unit is close to full production

ABS of CNPC Northeast branch continues to be listed for sale. The listing prices of 0215a and 750A are both 12400 yuan/ton. The recent sales are normal and the inventory is not large

Jilin Petrochemical ABS continues to be listed for sale. The listing price of 0215a is 12400 yuan/ton. The recent sales are average and the inventory is not large. Most of the goods are shipped to CNPC. The maintenance of the device was started on May 25 and ended on June 5. At present, the device is in normal production

Panjin Ethylene butadiene plant has been restarted, and the manufacturer intends to start its ABS plant in the near future. In the early stage, the 510 external quotation was 12750 yuan/ton, the contract price in East China was 350 yuan/ton lower, and the contract price in North China and Northeast China was 150 yuan/ton lower. There was basically no inventory

CNPC South China ABS continued to be listed for sale, and the listing price was lowered today. The listing price of 0215a is reduced by 300 to 12200 yuan/ton, and the listing price of 750A is reduced by 250 to 12200 yuan/ton. Recent sales are average, and the supply of goods is normal

III. local market conditions:

the listing of the main brands of China Plastics spot Mall () ABS has remained basically stable, and a few brands have been adjusted, showing both ups and downs. Abs/ac-800/Xinhu Petrochemical reported 12400 yuan/ton, down 50 yuan/ton; Abs/hi-121h/lg chemical reported 13400 yuan/ton, up 550 yuan/ton; Abs/pa-757k/Zhenjiang Qimei reported 12850 yuan/ton, up 50 yuan/ton; Dispersed microfiber can enhance toughness abs/ag15e1/Ningbo Taihua reported 12900 yuan/ton, down 100 yuan/ton; Abs/0215a/Jilin Petrochemical reported 12340 yuan/ton, down 10 yuan/ton

the offer of Dongguan ABS market fell slightly by 50 yuan/ton. Recently, the atmosphere in the venue is light, there are not many transactions, and there are many sources of domestic materials. The supply of goods in the overall market is sufficient, and the demand of downstream factories is weak. Jilin Petrochemical reported 11630 yuan/ton for 0215a, 11970 yuan/ton for Taiwan Taihua 15a1, 12050 yuan/ton for Zhenjiang Qimei 757K, 12150 yuan/ton for Taiwan Qimei 757 and 11650 yuan/ton for Ningbo Taihua 15e1 (the above prices do not include tax)

in Shunde ABS market, most of the offers were stable, and a few of the offers were stable and fell. There are not many recent transactions, and the mentality of the operators is general. The downstream procurement quantity is small, and the overall supply is normal. Weak terminal demand. Ningbo Taihua 15a1 reported 12250 yuan/ton, Jilin Petrochemical 0215a reported 11680 yuan/ton, Zhenjiang Qimei 707k reported 11900 yuan/ton, Thailand 850 reported 11900 yuan/ton, Changzhou long service life Xinhu ac800 reported 11800 yuan/ton (the above prices do not include tax)

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